Bitcoin Bonuses
Bitcoin’s popularity can no longer be denied, and this applies to every industry it touches. Naturally, online casinos have not only embraced blockchain gaming, but they have also ushered in, being early adopters. Today, you can find all sorts of real money casino games that accept Bitcoin (BTC), but also multiple casino bonuses listed in BTC or mBTC.
The industry has grown excessively fond of the cryptocurrency, and naturally, finding a casino online with a Bitcoin bonus is not an issue. Even better, you can find licensed and trusted casino brands that players come back to time and again. To understand the Bitcoin casino bonus a little better, all you need to do is remind yourself that cryptocurrency or no cryptocurrency, all bonuses are subject to terms and conditions.
How to Get Started with Bitcoin?
An online casino can offer a Bitcoin bonus, and this is possibly the simplest thing. Yet, the real question on a player’s mind is, how to get started with Bitcoin? Obtaining BTC is not complicated today. All you need to do is meet two conditions: find a crypto exchange and a crypto wallet.
Often, these two are available on the same website. The Bitcoin Foundation’s website will provide you with links for both. Once you visit the exchange, you can use FIAT currencies, as in USD, CAD, EUR, or another acceptable denomination, to purchase Bitcoin and receive it on your crypto wallet. Now that you know how to buy Bitcoin let’s take a look at what a Bitcoin bonus is.
Bitcoin Bonus Explained: Easy to Get Into
Many people expect a Bitcoin bonus to be at least a bit more complicated. While calculating the real money value of Bitcoin would require for you to keep an eye on the current market valuation, benefiting from a BTC promotion is a very straightforward endeavour. Put another way, you can think of it as a traditional bonus.
You will have a predetermined amount you can receive if you deposit a specific sum. Once you do, the bonus will be unlocked but, instead of receiving USD, CAD or EUR, you will receive BTC or perhaps mBTC. The millibitcoin is a smaller denomination of Bitcoin, as in 0.001BTC.
These numbers may look a little bizarre at first, but once you claim your Bitcoin bonus, it will all make sense. The bonus will naturally have terms and conditions, which will extend to the deadline, playthrough requirement, and maximum allowed bet.
How to Find the Best Bitcoin Bonuses?
To find the best Bitcoin casino bonus, you will have to consider what a Bitcoin bonus has to offer. Just because a bonus is available in a BTC or mBTC, it doesn’t automatically make it a good deal for you.
Once again, you have to ask yourself if it makes financial sense for you to try and complete the playthrough requirements. The best bonuses, however, tend to share the same features. They are flexible promotions with a good wagering requirement and a generous deadline.
Thankfully, the best Bitcoin online casinos will all offer transparent terms and conditions you can carefully read through and help you decide. Alternatively, you can choose a casino by reading one of our reviews of online casinos.
All Types of Bitcoin Bonuses
Of course, there are many top Bitcoin bonuses you can find online, and they have to do with every aspect of the bonus offer. For example, a welcome bonus is very popular at Bitcoin casinos. The welcome package is just one aspect of the bonuses you will find. There is no specific standard for how much BTC a bonus should offer.
Some promotions will welcome you to as much as 5 BTC divided between several deposits. Other promos offer just 2 BTC, but the real way to tell which one is better is to ask yourself if you have the time to play through the bonus and whether the terms and conditions seem favourable.
Of course, there are other types of Bitcoin bonuses you will want to explore on your own. You can claim free spins and use on Bitcoin games or enjoy reload and cashback promotions, a loyalty promotion or a VIP offer.
Each of these bonuses comes with a set of terms and conditions to make it simpler for players to understand how to use a Bitcoin bonus. Once you have read through the conditions of most types of BTC promotions, you will know for a fact they are just like any FIAT promotion found on most casinos.
Bitcoin Bonuses Are Available for All Games
Now, you will often see that Bitcoin casinos award a bonus in BTC, but then again, not all games display the betting values in this currency. What this means that sometimes casinos convert the Bitcoin value into FIAT currency, and let you bet with it. Of course, the deposit and withdrawal will happen in Bitcoin.
More casinos are beginning to implement games that display the betting currency directly in BTC. However, not all studios have enacted the change. Displaying bets as BTC depends on the developers of the games listed at Bitcoin casinos to extend support for BTC as one of the viable currencies.
Over the years, this small discrepancy has been the source of some confusion, but it does not affect the value of your bonus, and you can rest assured that it is completely safe to play with a recommended BTC bonus you have claimed.
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